Hi Guys
Am planning to buy a block of 10 flats (previously a motel) and someone suggested:
- Buy under a Trading Trust and
- Claim GST
Although it does sound good , I was wondering if there are any 'pitfalls' with the legalities of the IRD?...and what are the PROS & CONS of it? Any DO's or DONT's?
Am planning to buy a block of 10 flats (previously a motel) and someone suggested:
- Buy under a Trading Trust and
- Claim GST
Although it does sound good , I was wondering if there are any 'pitfalls' with the legalities of the IRD?...and what are the PROS & CONS of it? Any DO's or DONT's?
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